- ISIN
- US4642866242
- CUSIP
- 464286624
- Issuer
- iShares
- Inception Date
- Mar 26, 2008
- Region
- Emerging Asia Pacific (Thailand)
- Category
- Asia Pacific Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Thailand Investable Market Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $358M
Share Price Chart
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Performance
THD Performance Chart
iShares MSCI Thailand ETF (THD) is up 22.6% since the beginning of the year. THD is currently trading at $71 per share. Investors who bought $1,000 worth of THD shares 5 years ago would now be looking at an investment worth $1,067.
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Returns By Period
iShares MSCI Thailand ETF (THD) has returned 22.58% so far this year and 51.99% over the past 12 months. Over the last ten years, THD has returned 3.71% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares MSCI Thailand ETF
- 1D
- -1.18%
- 1M
- 0.76%
- YTD
- 22.58%
- 6M
- 20.48%
- 1Y
- 51.99%
- 3Y*
- 6.45%
- 5Y*
- 1.30%
- 10Y*
- 3.71%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
THD Monthly Returns History
Based on dividend-adjusted daily data since Apr 1, 2008, THD's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, an investment would double in approximately 9.1 years.
Historically, 53% of months were positive and 47% were negative. The best month was Nov 2020 with a return of +23.3%, while the worst month was Oct 2008 at -34.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 7 months.
On a daily basis, THD closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +15.5%, while the worst single day was Mar 12, 2020 at -17.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.85% | 18.83% | -7.55% | 1.92% | 3.89% | -0.43% | 22.58% | ||||||
| 2025 | -4.75% | -7.69% | -2.22% | 5.50% | -2.61% | -3.29% | 11.79% | 1.47% | 2.86% | 3.07% | -2.73% | 2.43% | 2.36% |
| 2024 | -6.91% | -0.69% | -1.07% | -1.59% | 0.12% | -3.77% | 5.23% | 7.79% | 12.56% | -4.45% | -4.21% | -3.51% | -2.21% |
| 2023 | 5.91% | -10.71% | 3.16% | -3.39% | -3.51% | -2.06% | 7.54% | -2.40% | -9.49% | -4.26% | 1.89% | 5.87% | -12.63% |
| 2022 | 0.58% | 4.40% | -2.45% | -4.51% | 1.87% | -7.63% | -0.45% | 1.82% | -6.96% | 2.32% | 10.60% | 3.05% | 1.22% |
| 2021 | -0.17% | 1.23% | 5.57% | -1.79% | 0.50% | -2.44% | -6.22% | 8.77% | -6.17% | 2.69% | -4.89% | 6.08% | 1.87% |
Benchmark Metrics
iShares MSCI Thailand ETF has an annualized alpha of -1.74%, beta of 0.86, and R2 of 0.43 versus S&P 500 Index. Calculated based on daily prices since April 01, 2008.
- This ETF participated in 95.04% of S&P 500 Index downside but only 74.18% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.43 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -1.74%
- Beta
- 0.86
- R²
- 0.43
- Upside Capture
- 74.18%
- Downside Capture
- 95.04%
Expense Ratio
THD has an expense ratio of 0.59%, placing it in the medium range.
Return for Risk
Risk / Return Rank
THD ranks 70 for risk / return — better than 70% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI Thailand ETF (THD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| THD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.98 | 2.78 | +1.20 |
| Martin ratioReturn relative to average drawdown | 11.60 | 12.44 | -0.84 |
Dividends
Dividend History
iShares MSCI Thailand ETF provided a 3.54% dividend yield over the last twelve months, with an annual payout of $2.53 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.53 | $2.01 | $1.90 | $1.87 | $1.81 | $2.40 | $1.78 | $2.12 | $2.13 | $2.00 | $1.88 | $2.10 |
Dividend yield | 3.54% | 3.36% | 3.15% | 2.92% | 2.41% | 3.16% | 2.31% | 2.42% | 2.57% | 2.16% | 2.61% | 3.58% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares MSCI Thailand ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.71 | $1.71 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $2.01 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $1.90 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $1.87 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $1.81 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.28 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.12 | $2.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares MSCI Thailand ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares MSCI Thailand ETF was 64.22%, occurring on Dec 1, 2008. Recovery took 415 trading sessions.
The current iShares MSCI Thailand ETF drawdown is 9.99%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -64.22%Dec 2008 | 6mo 12d | 1y 7mo | 2y 2moMay 2008 - Jul 2010 |
COVID crash2020 | -49.32%Mar 2020 | 2y 18d | — | 8y 3moFeb 2018 - now |
2016 bear market2016 | -37.99%Jan 2016 | 2y 8mo | 1y 8mo | 4y 4moMay 2013 - Sep 2017 |
2011 bear market2011 | -29.99%Oct 2011 | 2mo 2d | 4mo 24d | 6mo 26dAug 2011 - Feb 2012 |
2012 correction2012 | -15.79%Jun 2012 | 29d | 3mo 14d | 4mo 13dMay 2012 - Sep 2012 |
Drawdown Indicators
| THD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.22% | -56.78% | -7.44% |
Max Drawdown (1Y)Largest decline over 1 year | -13.12% | -9.10% | -4.02% |
Max Drawdown (3Y)Largest decline over 3 years | -34.11% | -18.90% | -15.21% |
Max Drawdown (5Y)Largest decline over 5 years | -40.24% | -25.43% | -14.81% |
Max Drawdown (10Y)Largest decline over 10 years | -49.32% | -33.92% | -15.40% |
Current DrawdownCurrent decline from peak | -9.99% | -1.80% | -8.19% |
Average DrawdownAverage peak-to-trough decline | -18.25% | -10.71% | -7.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 2.03% | +2.47% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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